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Leading Function of Management

By Nashua, Zach, and Hannah

Hannah Anderson

on 19 September 2012

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Transcript of Leading Function of Management

By Nao Shoua, Zach, and Hannah Leading Function of Management A person who influences a group of people towards the achievement of a goal. Definition of Leader: As a manager, it is your job to: "Lead as an example." Encourage workers in all settings Set standards and precedents of high quality Keep work environment a positive atmosphere Foster communication Encouraging Employees and Hard Work Leading How-To's Give workers options in hours and tasks Congratulate and encourage when job is done well Create an incentive program based on good leadership and personal successes Set standards of high quality Leading How-To's: Create an employee handbook Personally administer quality checks in lower levels periodically Your work should be nothing less than what you expect of employees Foster communication Leading How-To's: Send out bi-weekly, monthly, daily, etc. memos Create a system of notification between levels Hold meetings periodically with all departments, similar departments, etc. Keep work environment a safe and positive atmosphere Leading How-To's: Institute a no-tolerance policy on negative behavior Encourage collaboration between employees during appropriate times Follow through on safety/security procedures put in place Strong communication skills Requirements for Leading Function Personal vision (visualizes goals, finds steps to achieve it) Lead considerately of a diverse workforce Be knowledgeable on issues within company Be encouraging: pull more out of people than they realize they have Enthusiasm: inspire others to do the same Learn and teach as you go The Good: Costco CEO Jim Sinegal Real Life Examples Leads by example for employees Places great emphasis on a sound work ethic Makes himself approachable Encourages positive workplace environment Results: Costco stock has doubled, revenue grows, holds the lowest employee turnover rate in retail http://www.businessinsider.com/10-examples-of-excellent-business-leadership-2010-2?op=1 Bibliography http://suite101.com/article/leading-as-a-management-function-a124060 http://www.vtaide.com/gleanings/leader.htm http://au.ibtimes.com/articles/328948/20120417/leadership-10-great-leaders-history-ibtimesau-ibtimes.htm#.UFDjnlJuA6c http://www.teamworkandleadership.com/2009/05/get-the-very-best-a-very-inspirational-leadership-video-clip.html www.businesslink.gov.uk www.sba.gov The Bad: Ineffective Leadership in the UK 1 in 5 managers are actually qualified Managers receive low ratings from employees Little cohesive efforts between management and emloyees Results: Loss of billions of pounds each year, limited growth and survival for businesses that exhibit poor leadership http://www.ftadviser.com/2012/08/01/training/adviser-guides/ineffective-leadership-is-costing-uk-billions-wY0audmG0sQvyyhMR2725M/article.html?ftar=true
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